-Outlook "The Congress governments in Madhya Pradesh, Rajasthan and Chhattisgarh have waived farmers' loans as promised," he said, adding, "If a Congress-led government comes to power in Delhi, farm loans will be waived across the country." Congress president Rahul Gandhi Sunday said his party would waive farm loans and give a big push to the food processing industry if voted to power in the Lok Sabha elections Alleging that the Centre's crop insurance...
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Only 3% Mudra loans can generate monthly income of more than 10,000 -Prasanna Mohanty
-India Today The Narendra Modi government has claimed that its flagship Mudra loan scheme is generating employment. But, data shows a miniscule number of Mudra loans generate a return that satisfies even the minimum wage requirement. * The Modi-led govt has been showcasing the Mudra loan scheme to claim that millions of jobs are being created * There is no official data available on the number of jobs created due to the Mudra...
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-The Indian Express Repeated government interventions in official data release run the risk of denting market trust in it The controversy over two top functionaries of the National Statistical Commission (NSC) resigning in protest over the NSSO (National Sample Survey Organisation) withholding its new employment survey adds to a growing list of government interventions in data releases. There is a common theme — the government is seen to take an adversarial...
More »Modi Govt Will Prepare New NSSO Report to Show 'Increase in Jobs', Says PM's Economic Advisor
-News18.com The leaked report recorded unemployment rate of 6.1 percent in 2017-18, giving the opposition Congress ammunition to attack and pushing the NDA government in defensive mode. New Delhi: A day the National Sample Survey Office’s Periodic Labour Force Survey recorded the unemployment rate in India at a 45-year-high, Prime Minister’s Economic Advisor, Bibek Debroy said that they will prepare a fresh jobs report. “The survey will show that there has been...
More »Govt sits on post-noteban jobs report, two top statistics panel members quit -P Vaidyanathan Iyer
-The Indian Express NSSO employment report on 2017-18 was expected to reflect job losses Protesting against the withholding of the NSSO’s (National Sample Survey Organisation) first Annual Survey on Employment and Unemployment for the year 2017-18, the Acting Chairperson of the National Statistical Commission (NSC) resigned on Monday. Another colleague has also quit. This report, the first by NSSO in this government, was expected to reflect job losses in the wake of...
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